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Hualian Holdings: The deadline for the Arizaro project acquisition has been extended to August 20, 2026, with a transaction amount of approximately $175 million.

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Hualian Holdings Announcement, the company previously disclosed its intention to acquire a total of 100% of the shares of Argentum Lithium S.A. from sellers including Lithium Chile Inc. for approximately $175 million (equivalent to 1.24B RMB), thereby obtaining an 80% interest in the Arizaro project. The signing of the "Extension Agreement" extends the deadline of the "Share Purchase Agreement" to August 20, 2026. If the transaction is not completed by then, the extension period will automatically be extended to October 20, 2026. As of the date of the announcement, the company has established a joint escrow account for performance guarantee deposits and paid the deposits, and has submitted approval or filing materials to relevant authorities for offshore investment (ODI) matters. The audit and valuation work related to this transaction is underway.
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